2022
Exports
$4.65BWorld Rnk 7 / 152
Flag Rnk 6 / 1197
2022
PRODUCT COMPLEXITY IN Raw Aluminium
-1.12Rnk 859 / 1025
2022
Imports
$778MWorld Rnk 25 / 187
Flag Rnk 20 / 1211
2022
ECONOMIC COMPLEXITY of Norway
0.54Rnk 43 / 133

About

Exports In 2022, Norway exported $4.65B in Raw Aluminium, making it the 7th largest exporter of Raw Aluminium in the world. At the same year, Raw Aluminium was the 6th most exported product in Norway. The main destination of Raw Aluminium exports from Norway are: Germany ($991M), Netherlands ($944M), Poland ($519M), Spain ($362M), and Austria ($264M).

The fastest growing export markets for Raw Aluminium of Norway between 2021 and 2022 were Germany ($216M), Netherlands ($143M), and Poland ($96M).

Imports In 2022, Norway imported $778M in Raw Aluminium, becoming the 25th largest importer of Raw Aluminium in the world. At the same year, Raw Aluminium was the 20th most imported product in Norway. Norway imports Raw Aluminium primarily from: Russia ($424M), United Arab Emirates ($83.2M), Netherlands ($48.2M), South Africa ($34.9M), and India ($33.1M).

The fastest growing import markets in Raw Aluminium for Norway between 2021 and 2022 were United Arab Emirates ($76.2M), Russia ($61.6M), and Netherlands ($40.4M).

Latest Trends

Aug 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Raw Aluminium. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.65B
IMPORTS (2022)$778M
NET TRADE (2022)$3.87B

In 2022, Norway exported $4.65B in Raw Aluminium. The main destinations of Norway exports on Raw Aluminium were Germany ($991M), Netherlands ($944M), Poland ($519M), Spain ($362M), and Austria ($264M).

In 2022, Norway imported $778M in Raw Aluminium, mainly from Russia ($424M), United Arab Emirates ($83.2M), Netherlands ($48.2M), South Africa ($34.9M), and India ($33.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Aluminium EXPORT MARKETS FOR Norway WERE (2021 - 2022):
Germany$216M (27.8%)
Netherlands$143M (17.9%)
Poland$96M (22.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Aluminium BY Norway WERE (2021 - 2022):
Italy-$79.7M (-38%)
Slovenia-$49M (-94.6%)
Brazil-$20M (-99.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Norway's main exporting competitors in Raw Aluminium were:
Canada $9.37B
India $8.44B
Russia $8.16B
In 2022, Norway's main importing competitors in Raw Aluminium were:

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Trade Value of Raw Aluminium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $83.6M
TOP IMPORT POTENTIALIndia+ $24.4M

Raw Aluminium’s highest export potential is Germany. With an export gap of $83.6M.   Raw Aluminium’s highest import potential is India with an import gap of $24.4M.

See methodology.

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